Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Scandic in connection with its SEK 3.45 billion credit facilities
Mandate

Vinge advises Scandic in connection with its SEK 3.45 billion credit facilities

February 22, 2023 Banking and Finance

Vinge has advised Scandic Hotels Group AB (publ) in connection with the entry into of a SEK 3,450,000,000 facilities agreement.

The facilities agreement matures on 31 December 2025 and enables Scandic to, subject to certain conditions, refinance all or part of its outstanding convertible loan.

Scandic is the largest hotel company in the Nordic countries with about 58,000 rooms at approximately 280 hotels in operation and under development. Scandic is listed on Nasdaq Stockholm.

Vinge’s team consisted of Louise Brorsson Salomon, Arvid Weimers and Calle Tengwall Pagels.

Related

Vinge advises MAAG Gear with its MEUR 18.5 refinancing

 Vinge has advised MAAG Gear in connection with entering into a EUR 18 500 000 facility agreement with Danske Bank A/S for the purpose of, among other things, refinancing its previous credit. MAAG Gear is a leading manufacturer of industrial gear solutions for cement and mining applications with a comprehensive product portfolio and global aftermarket services offering.
August 21, 2025

Vinge has advised Direktronik in conjunction with the acquisition of Qvintus

 Direktronik, a subsidiary of Lagercrantz Group, has acquired all shares in Qvintus.
August 19, 2025

Vinge advises Sobro in conjunction with investment in vChain

 vTrade, together with its subsidiary vChain, has decided to broaden its shareholder base with Sobro as a new owner and majority shareholder. Founder Carl-Henrik Lundh will continue as CEO and significant shareholder.
August 18, 2025